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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: blazenzim who wrote (36205)	6/28/2008 7:57:44 AM
From: elmatador	Read Replies (1) of 217593

Siemens lay off overdue. No indication of a Euro move. Should have happened earlier if not for the corruption imbroglio of the past two years. Siemens is a coat hanger to put people to "work". Had 60% of the revenue from Europe 20% rest of the world. Once the split changed to 50-50. System no longer tenable. Then they tried to force the people out to markets. Many refused and got a chair to seat and nothing to do. Blame German labor law and welfare state. Schroeder's government tried to change that achieved just a little. The big machete did not fall ruthlessly on the wasserkopfen (wasserkopf is hidrocephaly. It is how those employees are called in Siemens Munich's HQ. Now Germany responds for a tiny little part of the revenue and the wasserkopfen are still there. Need to remove them now. This shows how the new ecoomic world order led by the peryphery is forcing the central economies to chnage their ways.

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